A joint venture between Macerich Partnership L.P. and Walton Inland Investors IV acquired the 1 million-square-foot Inland Center in San Bernardino, Calif.

The value of the transaction was $63.3 million.

Inland Center is a regional mall anchored by Sears, Robinson-May, Macy’s and Gottschalks.

Walton Inland Investors IV is an affiliate of Walton Street Capital, LLC, a Chicago-based private investor.

The Macerich Co. is a fully integrated self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the United States.

***

Send a Letter to the Editor for publication.
Send a comment or news tip to our newsroom.
Please include the headline of the story.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×